Friday, May 01, 2015 6:31:29 PM
How does Offor get out of this mess? What if there *is* no plan for a reverse?
To avoid writing a full blown novel...
- Some entity (CEPSA? The mystery EEZ suitor?) has/is acquiring a lot of these shares... Offor as well? They generally have 30 days to file with the SEC. We'll know soon enough.
- Entity becomes majority owner of ERHC and funds Kenya, Chad, and the EEZ, knowing full well *any* success will rocket their acquisition of "distressed" shares to more than reimburse their costs.
To the tomato throwers... I am putting this out there for discussion. Go easy on me. The fact that Offor has lost and is losing major share of ERHC warrants discussion.
People maintain anonymity for a reason and it is rarely noble.
Recent ERHE News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/06/2024 07:31:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/08/2023 09:06:42 PM
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